Under the terms of the agreement, MessageLabs will incorporate Fortiva's managed email archiving technology into its portfolio of managed security services, expanding the company's offerings to address the growing requirements for email archiving and regulatory compliance. MessageLabs is now both a technology partner and investor in Fortiva.
"Creating a secure, easy to use email archive is a high priority for more and more companies. However, managing the storage and security internally brings with it a significant and escalating resource burden," said Jos White, president and co-founder, MessageLabs. "MessageLabs chose Fortiva because of the company's leading-edge security for managed archiving allowing us to provide businesses with end-to-end certainty and management for all of their email needs."
Fortiva's managed archiving technology helps businesses create, implement and enforce a policy for email archiving and retention to protect from legal liabilities and regulatory risks, while improving email storage management. As an outsourced solution, Fortiva provides fast and easy set-up and management, scalability, low overhead costs, and full technical support. Uniquely, Fortiva offers all these benefits while guaranteeing the privacy of archived data. Using DoubleBlind Encryption(tm) technology, every email is encrypted before it leaves the customer network and is stored permanently in its encrypted form, ensuring that data can never be viewed by anyone outside the customer's network (not even Fortiva's staff). The customer retains exclusive access to the encryption keys, allowing them to instantly search and retrieve archived data without worrying about managing the storage infrastructure.
"We are pleased to be partnering with the leading messaging services provider in MessageLabs to bring Fortiva's secure email archiving solution to an even broader audience," said Paul Chen, CEO of Fortiva. "We see this as a meeting of two companies with similar goals - that is, to bring the benefits of outsourced messaging services to customers without the worries of data security or privacy."
According to industry analyst group, Radicati, the email archiving segment is predicted to continue to grow significantly over the next three years, with total vendor revenues expected to reach $4.4 billion by the end of 2009. This growth is being driven by regulatory compliance legislation, an increasing emphasis on establishing sound corporate governance principals, and the growing use of email as evidence during legal discovery.
MessageLabs Archiving Service is currently in beta testing with clients and will be launching in the first quarter of 2006.
MessageLabs provides a range of 'in the cloud' services for email, web and instant messaging to protect organizations from threats like viruses and spam, ensure policy enforcement and provide complete confidentiality through encryption. This managed service approach allows organizations to manage their messaging without the hassle, inconvenience or additional cost of traditional software or hardware solutions. These services ensure the integrity of electronic communications, helping businesses to manage and reduce risk while securing their critical infrastructure and business information.
MessageLabs is the world's leading provider of messaging security and management services with more than 12,000 clients and offices in eight countries. For more information, please visit www.messagelabs.com.
About Fortiva Inc.
Fortiva is a leading provider of managed email archiving solutions for regulatory compliance, legal discovery and email storage management needs. With its outsourced solution, Fortiva is helping businesses across North America to quickly and easily meet email archiving needs without risking data security. Using proprietary DoubleBlind Encryption(tm) technology, Fortiva stores all data offsite in encrypted form, so Fortiva staff can never access the content of archived data. The customer retains exclusive access to the encryption keys, allowing them to instantly search and retrieve archived data without worrying about managing the storage infrastructure. Headquartered in Toronto, Canada and with offices across the United States, Fortiva delivers its customer-driven solutions through a strong network of strategic partnerships as well as a direct sales force. Fortiva is a privately-owned company, with investment from Cargill Ventures, McLean Watson Capital and Ventures West. For more information, visit www.fortiva.com.